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5 June, 2020 09:33:37 PM / LAST MODIFIED: 6 June, 2020 11:24:29 AM
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Foreign currency reserve, annual remittances hit record highs

Independent Online/UNB
Foreign currency reserve, annual remittances hit record highs

The foreign currency reserve and inward remittances hit new highs in the  midst of the coronavirus pandemic.

For the first time in country’s history the foreign currency reserve touched 34.23 billion USD (US dollar), said a press release from the Finance Ministry.

Earlier in 2017, foreign currency reserve hit the previous highest on record at 33.68 billion USD.

Besides, Bangladesh received its highest ever annual inward remittance of 16.56 billion USD until June 3, which is the outcome of the government’s two percent stimulus package, claimed the press release.

In last fiscal year 2019-20, remittance collection was 16.42 billion USD until June 30.

MH

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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